| Product Code: ETC5192374 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s injection molded plastics import market experienced significant growth in 2024, with the top exporting countries being USA, Denmark, Lithuania, Turkey, and Czechia. The market concentration, as measured by the HHI, increased from moderate to very high in just one year, indicating a more consolidated market landscape. The impressive CAGR of 32.38% from 2020 to 2024 highlights the growing demand for injection molded plastics in Latvia. Moreover, the accelerated growth rate of 36.71% from 2023 to 2024 suggests a rapidly expanding market with opportunities for both domestic and international suppliers to capitalize on.
The Injection Molded Plastics market in Latvia is projected to grow at a stable growth rate of 3.79% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Injection Molded Plastics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Injection Molded Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Injection Molded Plastics Market - Industry Life Cycle |
3.4 Latvia Injection Molded Plastics Market - Porter's Five Forces |
3.5 Latvia Injection Molded Plastics Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Latvia Injection Molded Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Injection Molded Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in various industries |
4.2.2 Technological advancements in injection molding processes |
4.2.3 Increasing focus on sustainability and use of recycled plastics |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Intense competition from other manufacturing processes |
4.3.3 Regulatory challenges related to environmental impact and waste management |
5 Latvia Injection Molded Plastics Market Trends |
6 Latvia Injection Molded Plastics Market Segmentations |
6.1 Latvia Injection Molded Plastics Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Injection Molded Plastics Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.3 Latvia Injection Molded Plastics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.4 Latvia Injection Molded Plastics Market Revenues & Volume, By High-Density Polyethylene (HDPE), 2021-2031F |
6.1.5 Latvia Injection Molded Plastics Market Revenues & Volume, By Polystyrene (PS), 2021-2031F |
6.1.6 Latvia Injection Molded Plastics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Injection Molded Plastics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Injection Molded Plastics Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Latvia Injection Molded Plastics Market Revenues & Volume, By Consumables & Electronics, 2021-2031F |
6.2.4 Latvia Injection Molded Plastics Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.5 Latvia Injection Molded Plastics Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.6 Latvia Injection Molded Plastics Market Revenues & Volume, By Medical, 2021-2031F |
6.2.7 Latvia Injection Molded Plastics Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Injection Molded Plastics Market Import-Export Trade Statistics |
7.1 Latvia Injection Molded Plastics Market Export to Major Countries |
7.2 Latvia Injection Molded Plastics Market Imports from Major Countries |
8 Latvia Injection Molded Plastics Market Key Performance Indicators |
8.1 Percentage of recycled plastics used in injection molding processes |
8.2 Rate of adoption of new injection molding technologies |
8.3 Energy efficiency improvements in injection molding operations |
9 Latvia Injection Molded Plastics Market - Opportunity Assessment |
9.1 Latvia Injection Molded Plastics Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Latvia Injection Molded Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Injection Molded Plastics Market - Competitive Landscape |
10.1 Latvia Injection Molded Plastics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Injection Molded Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |